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Russian monetary base up 26.1 b rubles to 7245.2 b rubles

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July 27, 2012, 1:45 p.m. | Russia and former Soviet Union — by Interfax-Ukraine

The narrow monetary base in Russia stood at 7245.2 billion rubles on July 23 up from 7219.1 billion rubles on July 16, the Central Bank reported on Friday.
© AP Photo/RIA-Novosti, Alexei Nikolsky, Presidential Press Service

MOSCOW — The narrow monetary base in Russia stood at 7245.2 billion rubles on July 23 up from 7219.1 billion rubles on July 16, the Central Bank reported on Friday.

The narrow monetary base includes cash in circulation (including cash held at credit institutions), and balances on banks' mandatory local-currency-deposit reserve accounts with the Central Bank.

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